Management Change/Compensation (Form 8-K)

Annual Incentive Award Program

On March 10, 2026, the Compensation Committee (the "Committee") of the Board of Directors of Perdoceo Education Corporation (the "Company") approved the 2026 Annual Incentive Plan (the "2026 AIP"). The 2026 AIP is similar to the Company's 2025 Annual Incentive Plan (the "2025 AIP") in all material respects. As with the 2025 AIP, the 2026 AIP will use a company-wide adjusted operating income performance component (80% weighting) and an individual goals performance component (20% weighting) for all senior level participants, including the Company's executive officers. Achievement of the target level of performance for the adjusted operating income performance component results in a payout factor of 100%, with achievement of a threshold adjusted operating income performance level required for any payments under the 2026 AIP and a payment cap of 200% of a participant's AIP target value. In addition, the payout opportunity for the individual goals performance component will be generally based on the level of achievement of the adjusted operating income performance component and may be adjusted to reflect individual contribution to support the achievement of the Company's business objectives.

The foregoing description is not a complete description of all of the rights and obligations under the 2026 AIP and is qualified in its entirety by reference to the 2026 AIP, a copy of which is attached as Exhibit 10.1hereto and is incorporated herein by reference.